Section 6–302. [Registration in Beneficiary Form; Sole or Joint Tenancy Ownership.]
Only individuals whose registration of a security shows sole ownership by 1 individual or multiple ownership by 2 or more with rights of survivorship, rather than as tenants in common, may obtain registration in beneficiary form. Multiple owners of a security registered in beneficiary form hold as joint tenants with rights of survivorship, or as tenants by the entireties, and not as tenants in common.
Structure Massachusetts General Laws
Part II - Real and Personal Property and Domestic Relations
Chapter 190b - Massachusetts Uniform Probate Code
Article VI - Nonprobate Transfers on Death
Section 6-101 - Nonprobate Transfers on Death
Section 6-302 - Registration in Beneficiary Form; Sole or Joint Tenancy Ownership
Section 6-303 - Registration in Beneficiary Form; Applicable Law
Section 6-304 - Origination of Registration in Beneficiary Form
Section 6-305 - Form of Registration in Beneficiary Form
Section 6-306 - Effect of Registration in Beneficiary Form
Section 6-307 - Ownership on Death of Owner
Section 6-308 - Protection of Registering Entity
Section 6-309 - Nontestamentary Transfer on Death
Section 6-310 - Terms, Conditions, and Forms for Registration